_____ are the principles and standards that guide our behavior toward other people.
Fill in the blank(s) with the appropriate word(s).
Ethics
Ethics are the principles and standards that guide our behavior toward other people.
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Any person can be an agent, regardless of whether he or she has the capacity to contract.
Answer the following statement true (T) or false (F)
Which of the following is TRUE of brokers?
A) Brokers represent buyers or sellers on a permanent basis. B) Most brokers are hired by sellers and work for a salary. C) Brokers bring buyers and sellers together and assist in negotiation. D) Selling brokers have contractual authority to sell a manufacturer's entire output. E) Brokers assume title and risk from the time an order is accepted to its delivery.
________ allow for the statistical control and analysis of external variables
A) Quasi-experimental designs B) True experimental designs C) Statistical designs D) Preexperimental designs
Which of the following will not cause a trial balance to be out of balance?
A) The balance for the account is incorrectly computed. B) A debit entry is posted as a credit. C) A credit entry is posted to the wrong account, but still as a credit. D) An account is accidentally omitted from the trial balance.